Preparative and Process Chromatography Market: In-Depth Analysis of Size, Share, and Growth – TechSci Research

By | September 12, 2023

Global Preparative and Process Chromatography Market Overview

TechSci Research’s report, titled “Preparative and Process Chromatography Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F,” presents a comprehensive analysis of the Global Preparative and Process Chromatography Market. In 2022, this market reached USD 9.63 Billion, and it is poised to grow impressively at a rate of 9.04% during the forecast period from 2024 to 2028.

Key Growth Drivers

The market for Preparative and Process Chromatography devices has exhibited consistent growth over the past decade, driven by various factors:

  1. Monoclonal Antibodies: The increasing demand and approval of monoclonal antibodies in the pharmaceutical and biotechnology sectors have played a pivotal role in driving market growth.
  2. Expanding Biopharmaceutical Industry: The biopharmaceutical industry’s expansion has created a demand for advanced purification techniques, spurring market growth.
  3. Efficiency and Cost-effectiveness: There is a need for more efficient and cost-effective processes, further boosting the adoption of chromatography products.
  4. Technological Advancements: Continuous technological advancements and the development of innovative chromatography products are expected to enhance the global Preparative and Process Chromatography Market.
  5. Health and Food Industry Demands: Factors such as the increasing demand for insulin and omega-3 fatty acids, concerns regarding food quality and safety, and the growing geriatric population are contributing to market growth.
  6. Research on Monoclonal Antibodies: Ongoing research focusing on the separation and analysis of monoclonal antibodies using mild reverse-phase chromatography is expected to drive research activities in this market.

Browse over xx market data Figures spread through xx Pages and an in-depth TOC on “Global Preparative and Process Chromatography Market.” – https://www.techsciresearch.com/report/preparative-and-process-chromatography-market/15925.html

Challenges and Constraints

Despite the positive outlook, the market faces certain challenges:

  1. High Instrument Costs: The high cost of instruments can potentially hamper the growth of the Global Preparative and Process Chromatography Market.
  2. Alternative Techniques: Availability of alternative techniques may restrain market growth.
  3. Refurbished Products: The availability of refurbished products could further limit market expansion.

Market Segmentation

The Global Preparative and Process Chromatography Market is segmented based on Product, Type, End User, and Region.

Product Segmentation: Within the market, the product segment is divided into Process Chromatography and Preparative Chromatography. The Process chromatography segment held the largest revenue share in 2022 and is expected to exhibit a rapid Compound Annual Growth Rate (CAGR) during the forecast period.

Driving Force: This growth is attributed to the increasing usage of automated systems in pharmaceutical companies. Chromatography, owing to continuous advancements in technology and methodology, has become a standard laboratory process across various industries. It is especially designed for large-scale biopharmaceutical manufacturing and process scale-up. The segment’s growth is primarily driven by the increased utilization of automated systems by pharmaceutical companies.

Major companies operating in Global Preparative and Process Chromatography Market are:

  • GE Healthcare.
  • Danaher Corporation
  • Merck KGaA
  • Bio-Rad Laboratories Inc.
  • Thermo Fisher Scientific Inc.
  • Shimadzu Corporation
  • Agilent Technologies
  • Waters Corporation
  • Novasep Holding S.A.S
  • Sartourius AG.

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Advancements and Launches in Chromatography Products

Several notable developments and product launches have occurred in the field of chromatography:

  • In November 2020, Shimadzu Corporation introduced the “Advanced i-Series” HPLC, an enhanced flagship LC model designed to support remote work.
  • In 2021, Waters launched the Waters Arc Premier System, optimized for chromatographic separations on 2.5-3.5-micron columns.
  • In 2021, Novasep and Sartorius joined forces to accelerate the growth of their chromatography division, leveraging the expertise of an established leader in the field.
  • In August 2020, Thermo Fisher Scientific unveiled the Thermo Scientific Dionex Easion ion chromatographic system for water analysis, which reduces the total cost of maintenance and ownership.
  • Once again in November 2020, Shimadzu Corporation released the “Advanced i-Series” HPLC, an improved flagship LC model supporting remote work.

Market Growth in North America

The North America region is poised to experience significant growth in the Global Preparative and Process Chromatography market, primarily due to increased R&D spending by key players. The region’s expanding pharmaceutical and biotechnology sectors are driving the market’s growth. Key industry players are actively pursuing innovation and product launches to maintain and expand their market share.

Additionally, companies are aligning their product development with global demands and integrating advanced technologies, which is expected to contribute to the market’s growth. The rising use of chromatographic methods for drug discovery and approval by biotechnology and pharmaceutical firms in the region is also anticipated to further boost the global Preparative and Process Chromatography market.

The increasing demand for process and preparative chromatography processes in the life sciences, biotechnology, and food & beverages industries is a major driver of the global Preparative and Process Chromatography Market during the forecast period. Mr. Karan Chechi, Research Director at TechSci Research, a research-based management consulting firm, emphasized these market dynamics.

What Will You Get in the Sample Report?

The sample report provides a detailed understanding of the Global Preparative and Process Chromatography Market, including market size, structure, and future growth prospects. It aims to offer comprehensive market intelligence to assist decision-makers in making informed investment decisions. Additionally, the report identifies and analyzes emerging market trends while addressing essential drivers, challenges, and opportunities within the Global Preparative and Process Chromatography Market.

Who Will Benefit from This Report?

This report serves as a valuable resource for various stakeholders, including pharmaceutical companies, researchers, professionals in the healthcare and food industries, and individuals seeking insights into this dynamic market.

Download Free Sample Report – https://www.techsciresearch.com/sample-report.aspx?cid=15925

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